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Stock Region Daily Watchlist Newsletter - Tuesday, January 14, 2025.
Stock Region Daily Watchlist Newsletter - Tuesday, January 14, 2025
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Disclaimer: This newsletter is for informational purposes only and should not be considered as financial advice. Stock market investments carry risk, and you should consult with a professional advisor before making any financial decisions.
$APLD – Applied Digital
Applied Digital has partnered with Macquarie Asset Management to secure funding of up to $5 billion. This deal aims to accelerate growth in high-performance computing (HPC), signaling significant expansion potential for the company.
$CYN – Cyngn
Cyngn raised $33 million in December, strategically positioning itself to scale customer deployments and drive future growth. This funding injection points to an ambitious roadmap ahead for the autonomous technology provider.
$SNGX – Soligenix
Promising results continue for Soligenix's HyBryte™ in the treatment of early-stage cutaneous T-cell lymphoma. The expanded trials demonstrate positive outcomes, which could pave the way for broader applications and market penetration.
$BAER – Bridger Aerospace Group
Bridger Aerospace Group secured a $20 million Department of Interior contract, reinforcing its position in firefighting aviation. The fixed-wing fire aircraft utility agreement highlights the company’s vital role in combatting wildfires.
$AIFF – Brain Scientific
Brain Scientific made significant progress with its FDA-cleared BNA™ technology. The platform now assesses “brain age,” offering innovative insights into neurological health and potential applications in age-related research.
$LEXX – Lexaria
Lexaria’s oral DehydraTECH-Tirzepatide shows reduced side effects while maintaining comparable efficacy to Eli Lilly’s injectable GLP-1/GIP drug, Zepbound®. This breakthrough could reshape treatment options in the metabolic health sector.
$EDBL – Edible Garden
Edible Garden is launching its Kick. Sports Nutrition product line exclusively on Amazon. Partnering with Pirawna, known for expertise in Amazon growth, the company aims to establish a strong market presence in the health and wellness industry.
$ERNA – Eterna Therapeutics
Eterna Therapeutics announced positive preclinical study results for its lead product, ERNA-101, in treating ovarian cancer. These findings mark a significant milestone in the company’s oncology pipeline.
$CTM – Castellum
Castellum’s Specialty Systems subsidiary received a $3.2 million contract. This win reinforces the company’s growing government services portfolio.
$NNBR – NN, Inc.
NN, Inc. shares soared 43% today after announcing its second consecutive year of record-setting new business wins.
$DRIO – DarioHealth
DarioHealth has expanded its GLP-1 solution through a collaboration with MediOrbis, enabling prescribing capabilities. The partnership opens doors in both employer and direct-to-consumer markets, diversifying revenue streams for the company.
$TOVX – Theriva Biologics
Theriva Biologics received a European patent for its innovative beta-lactamase compositions for treating graft-versus-host disease. This approval could enhance the company’s intellectual property portfolio in the biopharma industry.
$ELAB – E-Pharma LabTech
E-Pharma LabTech was awarded a U.S. patent (#12194136) for its groundbreaking method and formulation for treating hair loss. This development adds significant value to their proprietary dermatological solutions.
$VMAR – Vision Marine Technologies
Vision Marine Technologies filed a patent application for its proprietary battery encryption system. This innovation could solidify the company’s leadership in marine electric technologies.
Stay tuned for more updates tomorrow!
Happy investing,
Stock Region Team
Disclaimer: All stock-related information contained in this newsletter is for informational use only and not a recommendation to buy, sell, or hold any security. Always conduct thorough research or consult a financial adviser before making any investments.
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